Oct 14 Global finance leaders warn against complacency By Martin Crutsinger and Paul Wiseman, Associated Press Global finance leaders on Saturday appealed to central bankers to stick as long as possible with low-interest rate policies that have made borrowing attractive and helped safeguard an improving but still fragile world economic recovery. Continue reading
Oct 11 4 tips for making the most of Medicare’s open enrollment By Philip Moeller Medicare’s annual open enrollment season begins Oct. 15 and extends through Dec. 7. Here are a few preparatory pointers to help enrollees take full advantage of the opportunity. Continue reading
Oct 10 Analysis: How tax reform could impact charitable giving By Jonathan Meer Giving by individuals accounts for nearly three-quarters of charitable giving in the United States, over $280 billion in 2016. Changes to tax policy can have an effect on the incentives individuals and households face when making the decision of how… Continue reading
Oct 09 Watch 9:43 Economics Nobel winner Thaler shed light on how real people behave By PBS News Hour University of Chicago scholar Richard Thaler was honored with the 2017 Nobel Prize in economics for his work questioning traditional assumptions that markets act rationally, and for taking human nature into account. Economics correspondent Paul Solman helps explain Thaler's theories,… Continue watching
Oct 09 Richard Thaler earns Nobel prize for making ‘economics more human’ By Layla Quran The Nobel committee called Thaler a "pioneer," paving the way for a new field of study that looks at the intersection of economics and human psychology. Continue reading
Oct 06 Watch 4:59 News Wrap: Hurricanes deal temporary blow to U.S. job market By PBS News Hour In our news wrap Friday, the Labor Department reported the economy shed 33,000 jobs in September, citing the damaging impact hurricanes Harvey and Irma had on the job market. Also, the White House would neither confirm or deny whether President… Continue watching
Oct 06 The unemployment rate and jobs total went down? What’s up? By Paul Solman The unemployment rate dropped to 4.2 percent in September, while the economy lost 33,000 jobs, according to the monthly Bureau of Labor Statistics' latest jobs report. Continue reading
Oct 06 Column: This innovation could lead to the next financial crisis By Arthur D. Clarke In 1987 it was portfolio insurance; for the Great Recession in 2008 it was securitization. The obvious candidate for the next crisis is Exchange-traded funds, or ETFs. Continue reading
Oct 05 Watch 10:14 How the opioid crisis decimated the American workforce By PBS News Hour In northeastern Ohio, employers say they see jobseekers all the time who look like "the walking dead," would-be workers struggling with opioid addiction. The problem is so great, reports economics correspondent Paul Solman, that it's had a noticeable effect on… Continue watching
Oct 05 ‘Boosting’ to support her habit — one woman’s nightmare By Paul Solman As part of the NewsHour’s series on the opioid epidemic, Paul Solman interviewed Donna Dibo, a former addict who is participating in a jobs training program in Youngstown, Ohio. Dibo recalled her struggling with opioid addiction and its impact on… Continue reading